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> I think amazon : amazon basics is a great example of antitrust/unfair monopoly Store brands have been around *forever." > They know what users are looking f
by morpheuskafka 8y ago
> I think amazon : amazon basics is a great example of antitrust/unfair monopoly
Store brands have been around *forever."
> They know what users are looking for, spend the most on, and they can give their own products dominate positions in the UI.
If you own a grocery store, you have every right to place the store brand products wherever you think they will sell best. You could (gasp) not sell any name brands at all! And if your grocery store becomes successful, you're allowed to sell advertising inside it however you want.
> It’s kind of like standard oil buying up the railroads so they owned the supply chain and no other oil could be moved.
Railroads are to some extent natural monopolies, and they have a massive barrier to entry. E-commerce websites do not. Many businesses of all sizes still sell products directly from their website and do fine. Now if Amazon bought UPS and FedEx and refused to ship any other packages, that would be different. But all they're doing is running their "department store" the way they want to. If consumers want a competitor, they're free to start one with next to no initial cost.